Ph.D Finance

After completing PhD in Finance, one can get employed as a professor/lecturer at a university or finance institute. One can also, go for research work in the field of finance. Another career option is joining a business organisation or a corporate house at a senior level in the finance department.

• Professor/Associate Professor: After completing PhD and possessing teaching experience of 5-10 years, one can work as an Assistant/Associate Professor across various universities. 

• Consultant: Candidates who have completed PhD can work as consultants across various fields such as Business Management, Investment, Banking, Finance, Business Strategy, Product Development etc.

• Research Associate: Many professionals who possess PhD and relevant years of experience are hired as Research Associates across various government and not-for-profit research organizations. 

• Drug Developer: Drug Development or Industrial Research organizations also attract professionals who have completed PhD in their relevant field of study. 

The coursework of PhD in Finance is similar to other PhD courses. It includes research, seminars, presentations, etc. that a student works on during the course. The coursework is prescribed by the university and is to be completed within the first two semesters. Post the completion of PhD in Finance coursework, students have to submit their Research Proposal along with their Research Topic. Given below is the process that follows thereafter:

• Students are allocated a research supervisor/ guide.

• During research work, they are supposed to submit progress reports, attend seminars, presentations and one research paper in a peer-reviewed/refereed Journal before submitting their PhD thesis.

• The supervisor will review and suggest changes in the thesis. Students will have to submit a summary of the thesis after incorporating changes about 45 days before final thesis submission.

• Experts will examine the thesis. If the experts suggest modifications to the thesis, students will have to make the changes and re-submit their thesis.

• Next, students will have to clear a viva voce round where they will have to present their thesis before a panel of experts. Upon successful presentation, the student will be awarded a PhD degree.

 PhD in Finance admission is based on the entrance exam score. Some universities accept candidates on the basis of their scores in a national-level entrance exam or conduct their own written tests to shortlist students. The candidates have to appear for a personal interview round for final selection. Candidates need to check the selection criteria for PhD course of their target institute before applying for admission. The candidate will require 6 to 12 months to prepare for the entrance test.

Steps of PhD in Finance Admission Process:

1. Select a college

2. Go through PhD in Finance admission criteria

3. Prepare for the entrance exam and interview

4. Clear the entrance test

5. Fill out the PhD admission form

6. Appear for interview

7. Confirm admission upon selection

Read More: How to write a statement of purpose for PhD?

PhD is a course that demands great commitment and dedication. Students who meet the below points can enroll in PhD in Finance:

• Any candidate who has a postgraduate degree from a recognised university in Finance and has an interest in teaching research work can pursue PhD in Finance.
• Those who are interested in a career in finance might enroll in a PhD in Finance program. For enhanced employment possibilities, those who have acquired PG degrees in lucrative fields like MBA Finance or MCom Finance can choose to pursue a PhD in finance. 
• Candidates should enroll in the course if they aspire to become Professors. The course is also an option for those who desire to work as Associate Professors or Lecturers.
• Candidates should choose the PhD in Finance programme if they desire to pursue a research-based degree.